Advances in Bioengineering and Biomedical Science Research(ABBSR)
ISSN: 2640-4133 | DOI: 10.33140/ABBSR
Impact Factor: 1.7
Clement Uwizeye
1Risk and Strategy Analysis Department, Rwanda
Publications
-
Review Article
The Impact of Boardroom Diversity on Company Performance Using Propensity Score-Based Estimators (PSM)
Author(s): Clement Uwizeye*
This study investigates the impact of boardroom diversity on firm performance utilizing propensity score- based estimators (PSM). Drawing from a comprehensive literature review, it is established that gender diversity in boardrooms positively influences firm performance, particularly in the financial sector. Using panel data from 503 UK firms over the period of 2015-2017, the analysis focuses on key performance indicators such as market capitalization and leverage. Employing various econometric models, including binary treatment and augmented inverse-probability weighting, the study reveals significant positive effects of female board- room participation on firm performance. Specifically, an increase in female representation is associated with higher market capitalization and an increased leverage ratio, indicating a propensity for riskier investments. Furthermore, the study explores .. Read More»